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UK construction falls in April

2015-06-12 11:40:48| BBC News | Business | UK Edition

Output in the construction industry falls 0.8% in April compared to the previous month, but new housing contributes to a 1.6% increase in all new work.

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Sans Halliburton Merger, Baker Hughes Free Falls 60%

2015-06-11 18:23:41| Oil & Gas - Topix.net

In addition to Schlumberger and Halliburton , Baker Hughes is considered one of the world's leading oil services companies. With over $23 billion in trailing 12 months revenue, the company has been one of the biggest beneficiaries of the growth in North American oil drilling.

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Integrated Silicon Solution (ISSI) Stock Falls After Agreeing to Cypress Semiconductor Merger

2015-06-11 01:55:20| IT Services - Topix.net

Following the agreement, other firms looking to acquire ISSI like Chinese private equity firm Uphill Investment have four days to outbid Cypress' offer of $672 million or $20.25 per share. Uphill's original offer of $639 million or $19.25 was topped by Cypress which said that it will comply with regulator's conditions for the merger's approval.

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Telkom Group net profit falls 19.5% to ZAR 2.9 bln

2015-06-09 11:09:00| Telecompaper Headlines

(Telecompaper) Telkom Group reported a 19.5 percent decline in its net profit to ZAR 2.9 billion for the financial year ended 31 March from ZAR 3.6 billion a year earlier. Its number of ADSL internet lines surpassed 1 million but that its total number of fixed lines fell 4.9 percent during the period from 3.62 million to 3.439 million. Net revenue increased 3.1 percent to ZAR26 billion and EBITDA rose 15.1 percent to ZAR 9 billion.

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Vodafone shines as FTSE 100 falls

2015-06-05 09:35:51| BBC News | Business | UK Edition

Mobile phone operator Vodafone was the biggest gainer on the FTSE 100 in early trading, but the index is down overall.

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